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1 Central Park West 316 Central Park West New York NY 10023
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  2. 1 Central Park West, 316
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
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One Central Park West

1 Central Park West, 316

Central Park West | NY
West 59th Street & West 60th Street

Schedule a Viewing
Price Drop
$ 499,000
[26.07%] [$ -176,000]
Active
Status
3
Rooms
1
Bedrooms
1
Bathrooms
709/66
ASF/ASM
$ 1,033
Real Estate Taxes [Monthly]
$ 5,541
Common Charges [Monthly]
90%
Financing Allowed
  • 1 Central Park West, 316
  • 3 Rooms
  • 1 Beds
  • 1 Baths
  • $ 499,000

Photos

1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023

Floor Plan

1 Central Park West 316 Central Park West New York NY 10023
1 Central Park West 316 Central Park West New York NY 10023

Description

OVER $200,000 PRICE REDUCTION - FULL RENOVATION ASSESSMENT DISCOUNTED BY THE SELLER. FIRM PRICE.

Now offered at $499,000 , reduced from the original asking price of $715,000. The seller has discounted the purchase price to reflect the full cost of the upcoming renovation assessment. At this price, no further negotiation is anticipated.

Owners may personally occupy the residence for up to 179 days per year. During the remaining eligible days, the residence participates in the hotel's rental program and is professionally rented and managed by the hotel, offering a streamlined opportunity to generate income when the owner is not in residence.

Central Park and Columbus Circle are just outside your door-enjoy the ultimate New York lifestyle while generating income at the same time.

Welcome to Residence 314, a fully furnished, oversized luxury condominium within a five-star hotel on prestigious Central Park West. This turnkey residence offers a seamless combination of personal use and investment potential in one of Manhattan's most sought-after locations.

Residence 314 is scheduled to undergo a comprehensive three-month renovation from January 3 through March 31, 2028, as part of the hotel's property-wide renovation program. The project will include building improvements, repairs, and the replacement of furniture, fixtures, carpeting, and other finishes, delivering a beautifully refreshed hotel residence.

The estimated renovation assessment for Residence 314 is approximately $200,000. The seller has reflected the entire assessment in the dramatically reduced purchase price, creating an exceptional opportunity to acquire a newly renovated residence at a significant discount.

The apartment features expansive floor-to-ceiling windows showcasing dynamic views of Broadway and the surrounding Manhattan skyline. The open living and dining area is thoughtfully designed for both relaxation and entertaining while overlooking the energy of Columbus Circle.

A fully equipped kitchen with high-end stainless-steel appliances adds functionality and convenience. The spa-like marble bathroom features a sleek glass-enclosed shower and refined vanity, creating a clean, modern aesthetic.

Ownership includes access to exceptional five-star hotel services and amenities, including daily housekeeping and optional laundry valet. Residents enjoy a state-of-the-art fitness center, a 55-foot lap pool, sauna, steam room, business center, conference rooms with a library, bike storage, and a 24-hour attended garage with valet parking.

For dining, the renowned Jean-Georges restaurant is located within the building, with the additional convenience of in-room dining service.

Whether you are seeking a refined Manhattan pied-à-terre or a hassle-free investment, Residence 314 delivers personal enjoyment, professional hotel management, income potential, and exceptional value in one of New York City's most iconic locations.

OVER $200,000 PRICE REDUCTION - FULL RENOVATION ASSESSMENT DISCOUNTED BY THE SELLER. FIRM PRICE.

Now offered at $499,000 , reduced from the original asking price of $715,000. The seller has discounted the purchase price to reflect the full cost of the upcoming renovation assessment. At this price, no further negotiation is anticipated.

Owners may personally occupy the residence for up to 179 days per year. During the remaining eligible days, the residence participates in the hotel's rental program and is professionally rented and managed by the hotel, offering a streamlined opportunity to generate income when the owner is not in residence.

Central Park and Columbus Circle are just outside your door-enjoy the ultimate New York lifestyle while generating income at the same time.

Welcome to Residence 314, a fully furnished, oversized luxury condominium within a five-star hotel on prestigious Central Park West. This turnkey residence offers a seamless combination of personal use and investment potential in one of Manhattan's most sought-after locations.

Residence 314 is scheduled to undergo a comprehensive three-month renovation from January 3 through March 31, 2028, as part of the hotel's property-wide renovation program. The project will include building improvements, repairs, and the replacement of furniture, fixtures, carpeting, and other finishes, delivering a beautifully refreshed hotel residence.

The estimated renovation assessment for Residence 314 is approximately $200,000. The seller has reflected the entire assessment in the dramatically reduced purchase price, creating an exceptional opportunity to acquire a newly renovated residence at a significant discount.

The apartment features expansive floor-to-ceiling windows showcasing dynamic views of Broadway and the surrounding Manhattan skyline. The open living and dining area is thoughtfully designed for both relaxation and entertaining while overlooking the energy of Columbus Circle.

A fully equipped kitchen with high-end stainless-steel appliances adds functionality and convenience. The spa-like marble bathroom features a sleek glass-enclosed shower and refined vanity, creating a clean, modern aesthetic.

Ownership includes access to exceptional five-star hotel services and amenities, including daily housekeeping and optional laundry valet. Residents enjoy a state-of-the-art fitness center, a 55-foot lap pool, sauna, steam room, business center, conference rooms with a library, bike storage, and a 24-hour attended garage with valet parking.

For dining, the renowned Jean-Georges restaurant is located within the building, with the additional convenience of in-room dining service.

Whether you are seeking a refined Manhattan pied-à-terre or a hassle-free investment, Residence 314 delivers personal enjoyment, professional hotel management, income potential, and exceptional value in one of New York City's most iconic locations.


Listing Courtesy of Serhant LLC

Features

A/C

View / Exposure

City Views
West Exposure
1 Central Park West 316 Central Park West New York NY 10023

Building Details

1 Central Park West 316 Central Park West New York NY 10023
Condo
Ownership
High-Rise
Building Type
Full Service
Service Level
Elevator
Access
No Pets
Pet Policy
1113/7502
Block/Lot
Post-War
Age
1960
Year Built
44/155
Floors/Apts

Building Amenities

Bike Room
Business Center
Garage
Health Club
Hotel Style Service
Housekeeping
Laundry Room
Pool
Sauna
Steam Room
Valet Service

Building Statistics

$ 3,545 APPSF

Closed Sales Data [Last 12 Months]

1 Central Park West 316 Central Park West New York NY 10023

Contact

License Licensed As: Charles Mazalatis
Charles Mazalatis

Charles Mazalatis

License Licensed As: Charles Mazalatis

President & Licensed Real Estate Broker

W: 646-807-4946
M: 917-359-8934
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. All information is intended only for the Registrant’s personal, non-commercial use. RLS Data display by Maz Group NY. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
Listing ID: 926156